Common use of Material Customers and Suppliers Clause in Contracts

Material Customers and Suppliers. (a) Section 3.12(a) of the Disclosure Schedules sets forth each customer who has paid aggregate consideration to the Company for goods or services rendered in an amount greater than or equal to $50,000 for each of the two most recent fiscal years (collectively, the “Material Customers”). The Company has not received any notice, and has no reason to believe, that any of its Material Customers has ceased, or intends to cease after the Closing, to purchase or use its goods or services or to otherwise terminate or materially reduce its relationship with the Company.

Appears in 2 contracts

Samples: Share Purchase Agreement (Staffing 360 Solutions, Inc.), Share Purchase Agreement (Staffing 360 Solutions, Inc.)

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Material Customers and Suppliers. (a) Section 3.12(a4.11(a) of the Disclosure Schedules sets forth each customer who has paid aggregate consideration to the Company for goods or services rendered in an amount greater than or equal to $50,000 25,000 for each of the two three most recent fiscal years (collectively, the “Material Customers”). The Company has not received any notice, and has no reason to believe, that any of its Material Customers has ceased, or intends to cease after the Closing, to purchase or use its goods or services or to otherwise terminate or materially reduce its relationship with the Company.

Appears in 2 contracts

Samples: Stock Purchase Agreement, Stock Purchase Agreement (ParcelPal Logistics Inc.)

Material Customers and Suppliers. (a) Section 3.12(a) of the The Disclosure Schedules sets forth each customer who has paid aggregate consideration to the Company for goods or services rendered in an amount greater than or equal to $50,000 10,000 for each of the two most recent fiscal years (collectively, the "Material Customers"). The Company has not received any notice, and has no reason to believe, that any of its Material Customers has ceased, or intends to cease after the Closing, to purchase or use its goods or services or to otherwise terminate or materially reduce its relationship with the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Dalrada Financial Corp)

Material Customers and Suppliers. (a) Section 3.12(a) of the Disclosure Schedules sets forth for each of the two (2) most recent complete calendar years each customer who has paid aggregate consideration to the Company for goods or services rendered in an amount greater than or equal to fifty thousand dollars ($50,000 for each of the two most recent fiscal years 50,000.00) (collectively, the “Material Customers”)) in either such calendar year. The Company has not received any notice, and has no reason to believe, written or other notice that any of its Material Customers has ceased, or and to the knowledge of Sellers no Material Customer intends to cease cease, after the Closing, to purchase or use its goods or services or to otherwise terminate or materially reduce its relationship with the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Information Analysis Inc)

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Material Customers and Suppliers. (a) Except as otherwise disclosed on Disclosure Schedule 3.09(a) or Section 3.12(a) of the Disclosure Schedules sets forth each customer who has paid aggregate consideration to the Company for goods or services rendered in an amount greater than or equal to $50,000 25,000 for each of the two most recent fiscal years (collectively, the “Material Customers”). The Company has not received any notice, and has no reason to believe, that any of its Material Customers has ceased, or intends to cease after the Closing, to purchase or use its goods or services or to otherwise terminate or materially reduce its relationship with the Company.

Appears in 1 contract

Samples: Securities Purchase Agreement (SinglePoint Inc.)

Material Customers and Suppliers. (a) Section 3.12(a) of the Disclosure Schedules sets forth each customer who has paid aggregate consideration to the Company for goods or services rendered in an amount greater than or equal to $50,000 20,000 for each of the two most recent fiscal years (collectively, the “Material Customers”). The Company has not received any notice, and has no reason to believe, that any of its Material Customers has ceased, or intends to cease after the Closing, to purchase or use its goods or services or to otherwise terminate or materially reduce its relationship with the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (GreenBox POS)

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